Sinotrans completes second stock option exercise for executives

China Foreign Trade Transportation Co., Ltd. (Sinotrans) has completed the second exercise of its first phase stock option incentive plan, with 577,067 shares transferred on November 25, 2025. This transaction involves the company’s repurchased A-share common stock, with an exercise price of RMB 3.185 per share.

The three executives participating in this exercise include High Xiang, chairman, general manager, and chief digital officer, exercising 209,600 shares, Wang Jian, deputy general manager, exercising 88,867 shares, and one other participant exercising 278,600 shares. The exercise funds totaled RMB 1,837,959.00.

This exercise will not alter the company's total share capital or registered capital, nor will it impact Sinotrans' financial condition or operating results for the most recent period, as the shares were sourced from repurchased stock. The company's total share capital remains at 7,179,633,805 shares.